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, of course, in the middle east. but up first, the biggie, taxes. here's christine romans. >> reporter: the challenge, tax reform. for the first time in 20 years, taxes are going up for the rich. they'll pay a higher top marginal income tax rate, higher taxes on dividends and capital gains and a higher estate tax rate, but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in the society, very tiny percentage. i frankly think that there are more taxes coming and they will bite deeper into the middle-class. >> reporter: in fact, two-thirds of americans will pay higher taxes in 2013. the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republ
loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way, and by doing some additional cuts, including making sure that we are reducing our health care spending, which is the main driver of our deficits, we can arrive at a package that gets this thing done. i'm happy to have that conversation. what i will not do is to have that negotiation with a gun at the head of the american people. the threat that unless we get our way, unless you gut medicare or medicaid, or, you know, otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. that is not how, historically, this has been done. that's not how we're going to do it this time. [ inaudible question ] chuck, what i'm saying to you is that there is no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. because this is about paying your bills. everybo
to go up. it could mean higher taxes and more cults to programs and services from the government. any hope for a controlled fix to our debt problem would be compromised. failing to pay for what we've already spent would be hazardous to the fragile economic recovery now gaining steam. just this week we got a reading about construction of new homes. it jumped 12.1% in december compared to the month before. that's the highest in more than four years. first-time claims for unemployment benefits fell to a five-year low. and the stock market that you invested in your 401(k) and i.r.a. is hitting five year highs. things are okay. defaulting on our fiscal obligations would hit the economy harder than that cliff we narrowly avoided and will face again. a report put out by jpmorgan in 2011 exploited the myth going around a few missed payments would be no big deal. they said any delay by the treasury would have ripple effects similar to the aftermath of the lehman brother collapse. not sure that's true but it's serious. this is all caused by the dell ceiling. the u.s. is the only other country o
.5 trillion in tax revenue. ten times what the servicing on the debt is there is some cash flow aspects of turning over some debt. but basically the only reason you have to increase the debt ceiling is because we continue to deficit spend. we're actually spending $1 trillion more than we're bringing in. >> we're not, when you say -- >> that's the reason you have to increase the debt ceiling. >> when you say we continue to deficit spend. we've deny sit spent under this entire administration, under the entire previous administration as well. this isn't new, we never don't deficit spend. why would you pick this moment to have that fight? >> when do you stop doing that. >> can you come up with a budget? paul ryan couldn't come up with one. >> well paul ryan did pass a budget in the house. where we have passed a budget is in the united states senate controlled by democrats for over three years. >> right. >> so what we need, what we need to use the debt ceiling moment as, is a moment to educate the american public about all the deficit spending. the fact that we blew through a $2.1 billion in
approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and political bickering at every turn. dysfunction is ruling washington. but look beyond that and this economy is poised for a recovery, a recovery the audience, you, the american people, have desperately been waiting for. businesses hiring, home foreclosures down, the value of your house rising, resilient stock market at five-year highs, historically low interest rates. plus, consumers are still spending. but, beware, most sequels are never as good as the original. so what will obama's economy, the sequel, look like? john avalon is a columnist at the daily beast. international business at the university of maryland, and annie lowrie
stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt c
, you have to pay your back taxes, you have to show that you've been in the country working for a period of time. you had to show that you have a background check so you haven't broken any serious laws, you have to learn english and the like. it's earned, it not automatic. it would be a pathway to citizenship, but the fact of the matter is, we need full citizenship. we can't have second class citizenship, that won't work, we can't have a temporary program that won't work. we can't have a peace meal approach like some members in the senate have called for. it's got to be cover comprehensive, it's got to be full citizenship, we have got to get these people from out of the dark and into the light. the effect of bringing these people from out of the dark and into the light in the time of debt and deficit is the following, $1.5 trillion input into the economy, they help to maintain our social security system. we know that we're now a majority, children majority minority are being born inn now in the united states these kids will help beef up our social security system which we have got to str
they spend, they send to washington every year in taxes, here's what they get back, new jersey. 61 cents. connecticut, 69 cents. new york, 79 cents. in kansas, they might say look, you guys are loading off us every year. you get $1.12 for every dollar you send in. don't they deserve their money back? isn't this a chance to give it to them? >> i don't know what those numbers are but everybody is getting back more than they send in because 40 cents out of every dollar that's spent in washington, d.c., whether it's relief aid or for any other purpose, is borrowed. what we're trying to do here is make certain if we're going to spend $50 billion or $40 billion or $10 billion, it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015, why do they have to rush it through. there is going to be pork items in this bill, no question. smithsonian, numerous other places have nothing to do with disaster relief. that's what happens around here far too often. that's what i'm concerned about is when we're borrowing 40 cents out of every dollar, w
they look at it this way, for every dollar they send to washington every year in taxes, here's what they get back, 61 cents, new jersey. new york 79 cents. in kansas mayim bialik say you are loading off of us every year. you get 1.12 for every dollar you send in. don't they deserve their money back. >> i don't know what those numbers are. we have an america that everyone is getting more than they send in. 40 cents of every dollar back in washington, d.c. for relief aid or any other purposes is borrowed. what we are trying to do if you are going to spend 50, 40 billion or $10 it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015 why rush it through? there's going to be pork items, smithsonian and other places have nothing to do with disaster relief and that what happens around here too often. when we borrow 40 cents out of every dollar make sure it gets to those who need it and there are millions of americans in need. >> the congressman when he mentioned the drought affects you in kansas. there's a drought according to the agricul
attention in russia to putin's 13% flat tax. i mean, that is a very low tax in a country where inequality of income is just gigantic. right up there with america's inequality of income. there is a lot of resentment among ordinary russians are people who are making millions and millions of dollars a year in russia are paying only 13%. there's another side potential consequence. putin, russia is turning east. it's turning away from europe and that's the subject of a much longer discussion. but, putin, russia's two main allies in europe have been germany and france. the german relationship has soured. the french relationship has not soured. but if this goes down, this act or stunt of taking russia, by the way, he's not going to live in russia. he just took the passport. but if this goes down badly in france, for any reason, it will further fray russia's ties with the west and russia's turn to the east. that's not good for any of us, i think. >> stephen cohen william browder, thank you for joining us. fascinating conversation. up next, what in the world, why the country with the world's great
that could stimulate the economy. the economy and corporate tax reform. corporations, their outreach to business leaders. business leaders are begging for corporate tax reform. to have tax reform being part of a debt deal, all of these things will help get the economy on course faster than it is now. >> listen, it seems to me this is the absolute crux, isn't it? this sort of paralysis we've seen in washington, the very silly behavior that many would see, as we've witnessed in the last two years. this has to come to an end. i'm quite disturbed really, when margaret says john boehner is not going to get in a room and get stuff done. that's what gingrich and clinton did. they fwoet told me that. they learned the hard way when government came to a grinding halt. and that's when they got in a room together. i would like to see the speaker and the president get in a room. i think they've been equally to blame in many ways for this impasse between them in the last four years. i don't want to see them do it the official way. you have a democratic senate, a republican congress, i don't see ho
, the president wants to do tax reform. republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country focuses on. he doesn't necessarily get to choose the results. he gets to choose what the country focuses on so we'll see. this is a big test for him to pick his priorities. >> that's why tomorrow becomes crucial. we'll learn a lot tomorrow. >> coming up, a rare look at a room inside the nation's capitol, a room that only a few people have ever seen. wow. would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients
in this case may be the calm before the storm as president obama begins his second term. taxes, spending, deficits, gun control, immigration. a lot to do and not a great environment to get it done. but with us now, two men who may not have to worry too much about that, but who may give us great insights if possible to get great things done. barney frank, the former democratic congressman from massachusetts and steve latourette, republican from ohio. first to you, congressman, as the democrat, what does the president have to do differently in the second term to have a more cooperative, working environment. to you, sir, what does the republican party need to do to try to get some things done? >> i have to differ with the preface, john. >> i thought you might. >> barack obama -- look, this notion that partisanship has taken over. it began when barack obama became president. i was chairman of the financial service committee of 2007 in the bush administration and i worked very closely with hank paulson, secretary of the treasury. we worked on putting fannie mae and freddie mac to stop the law
different visions. a republican said, you know what, we didn't win that fiscal cliff battle, we raised taxes, we didn't want to do it, now this has got to be all about spending cuts and you have the president saying, no, it is going to be about raising the debt ceiling, then we can talk about some kind of grand bargain. but you have to get over the speed bump, brooke. and i just -- >> hang on a second. you used two words -- gloria borger, you're saying grand bargain? is that -- ali velshi, let me ask you that, grand bargain, is that in our lexicon anymore? >> yeah, i don't even know if bargain is a possibility. gloria knows the politics of this better than i do. the -- somebody asked the question at the press conference, the president said he's not negotiating on this, but you said that about increasing taxes, the last debt limit. i don't know where you go from here politically. i only know economically the market will act as an enforcer and interest rates will act as an enforcer if you don't get it right. how you get a deal, that's above my pay grade. >> and, brooke, the real problem here,
debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just talking about the way
a fine and pay back taxes and prove they lived in the u.s. for an extended period and understand some english. president obama has promised to dive into an immigration overhaul, as well, this year. >>> well, we've said it before, congress is unpopular, but worse than cockroaches? apparently. new numbers from public policy polling pitted congress against the worst of the worst. they found congress was less popular than brusal sprouts and used car salesman. but even worse, people have a higher opinion of cockroaches, replacement referees and root canals. so, what did congress beat out? lindsay lohan, lobbyists and the kardashians. not very complimentary. but there seems to be one place that people really like washington, at the movies. cnn chris lawrence reports, hollywood's portrayal of washington may be just a little off base. >> maybe they ran out of super heroes or aliens weren't available. >> there are only bad options. it's about finding the best one. >> reporter: hollywood is turning to government analysts to anchor its hit films. >> mia, this is joseph bradley. >> reporter: form
demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun free zones for ours. >> it's a tough ad. dan lothian is at the white house. but i understand the president is fighting back with his own pr strategy because when he makes his big announcement he'll be surrounded by children who wrote letters to him begging for gun control. >> reporter: that's right. you know, we see the white house do this in the past, usually it's around a fiscal fight where the president's putting pressure on congress he'll be surrounded by families from across the country. well, in fact, the president, as you pointed out, will be surrounded by these young kids who wrote letters to the president in the wake of the connecticut shootings. in addition to that, though, a white house official confirming that the president will also be joined with some newtown families, families impacted by the newtown shootings at this event here today. so, clearly this is an effort by the white house to put pressure on lawma
laundering and filing false tax returns. one section here i wanted to read especially for the viewers. it says that ray nagin knowingly devised and intended to devise a scheme to defraud the city of new orleans and its citizens through a bribery kickbacks scheme where his public office would be used to benefit his personal business and to provide him with payment in the form of checks, granted inventory for his business, wire transfers, personal services, and free travel. accusations of uses of limousines and flights and a trip paid to jamaica for his entire family. so as it relates to the tax returns, this, of course, goes specifically after ray nagin, but could also involve the rest of the family because some of the personal financial details will be involved. now, this is involving two business men who, in exchange for paying the former mayor and his company, in turn, this indictment alleges, got millions of dollars in contracts from the city of new orleans for rebuilding after katrina. at a time when ray nagin was tasked with rebuilding his city, in 2006, said he wanted to make su
to join in. on the stimulus package, you know why there were so many tax cuts in the stimulus package? he was hoping to get republicans to come in on that. because guess what? republicans are for tax breaks. we all know what the president's space was unprecedented, a set of republican leaders who said from the outset, our number one task is to make sure this president fails. no president had seen that. and understand, we were on the cusp of something almost like the great depression here and republicans stood fast and said our number one priority -- mitch mcconnell, to see the president fail. that's unprecedented. >> i agree that there is some lack of precedent on that. but there is also lack of precedent on the amount of big-ticket items that were passed with nothing but democrat loads. >> listen. >> and it has not helped. i think it's fermented a -- you know, an environment that's become increasingly uncivil. >> all right. we have exhausted this subject. i want to move on quickly and i don't have a lot of time. i want to talk about you said the president seemed antagonistic and other p
and see what did he promise then? complete or incomplete? medicare, social security, deficits, taxes, spending. so, a lot of the things he talked about in the first speech, still with him in the second. >> we're going to talk about a lot more ahead. go live to the white house in just minutes to actually see the president renew his oath of office and, again, his second term. stick with us. >>> also, we'll bring you a candid look at the first family's daily life. first lady has a new agenda. first, this inaugural flashback. >> obama! >> thank you. >> obama! >> thank you. >> there was a magic to the inaugural day for president obama. the first african-american to be president, as if the whole history of our country was coming full circle with the ending of slivery and now the first african-american president. >> the man whose father less than 60 years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath. >> the crowds were reveling in that spirit. 1.8 million than have ever been there before. just the idea that we have come this far as
of federal corruption, including bribery, money laundering, fraud, filing false tax returns. nagin was mayor of new orleans during 2005's hurricane katrina and the aftermath and prosecutors say he used his office for personal gain and accepted payoffs, free trips, and thousands of dollars in bribes. >>> hey, the dow and the s&p 500 ended the week at their highest levels in five years. now, the finish closed out a trade week that saw strong quarterly earnings from reports from major banks. markets also seemed to react positively to signs that the debt ceiling debate could be pushed back a bit. trading resumes on tuesday after the martin luther king jr. holiday. >>> let's turn to the inauguration now. former president bush 41 and 43 were, of course, invited, but they won't be there this time. the elder bush is recovering from a month-long hospital stay after being treated for bronchitis. you remember that. a spokesperson for bush 43 says the former president and his wife, laura, wish the obamas, quote, all the best for a wonderful inaugural weekend. both former presidents attended the first in
. >> this is why what joe is saying is so important and the no label, because whether it is taxes or guns or other issues, you know the two or three components in tend, and she ends a no-brainer for most, p but that is why bringing together the coalition in congress and the senate is so important, and no labels is a start. >> senator, the last word, because you are a position that you do vote in the senate, and your words post newtown were taken originally as senator manchin is now opposed assault weapon based on the conversation. >> based on the conversation. >> so am i correct in interpreting that sure, you would talk about an assault weapons ban, but it has to be in a more holistic package? >> well, no labels and problem solvers and to be be a member of that is something that does not cost a thing. no labels brings people together. ki talk about i can talk about it, because i don't own assault weapons, but i have guns, but not multiclips, and i need to talk to people who believe they need those and i want to talk to people who go to gun shows who feel they do not have to be register and i want
tax'd dropping from 50% to 45%. it would defer bonuses from 2009 through 2011. >>> apple is slashing component orders for the iphone 5. that's according to "the wall street journal." weaker demand and increasing competition from samsung are blamed. the iphone 5 was released in september. >>> i am still a republican. colin powell declaring his support for his political party but not before warning that some ideas held by his fellow republicans could be hurting the party's future. >> there's also a dark vein of intolerance in some parts of the party. what do i mean by that? what i mean by that is they still sort of look down on minorities. how can i evidence that? when i see a former governor say that the president is shucking and jiving. that's a racial era slave term. >> powell is most likely talking about former alaska governor sarah palin who blasted president obama for his handling of the benghazi consulate attack on facebook writing in part, "why the lies? why the cover up? why the dissembling about the cause of the murder of our ambassador? on the anniversary of the worst terror
tax returns. nagin was mayor of new orleans during hurricane katrina and its aftermath. they say he used his office for personal gain, free trips, payoffs and thousands of bribes. >>> 29 pediatric death this is season from the flu, the number of elderly people hospitalized with flu-like illnesses is also spiking according to the centers for disease control. 30 states now report high levels of the flu. that's six more than last week. for the first time, california is on the list. the season's flu vaccine is only about 62% effective. not a high number, but experts say it's still the best option for staving off the flu. >>> and welcome back to the national mall. we've been getting a musical preview on the mall this morning. bands galore. there's music everywhere. everyone is getting ready for the big party and the big inauguration monday. that includes, of course, on a more serious note, secret service, police and the military. cnn pentagon correspondent chris lawrence is keeping an eye on security for us. good morning to you. how big of an operation is this? how many agencies are part
choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. >>> we are back with a very excited crowd behind us. some every day americans are playing a special r
cnn. >> if you thought tax hikes would keep people from traveling this year, you may be wrong. >> according to surveys, more executives are planning to travel for business. if you top the save a few bucks, they may be taking the bus. >> if you think it's crowded on the roads and the errors, it's going to get more crowded. business travelers are hitting the road in greater numbers according to a survey and one by frequent business traveler magazine. business travel is far from smooth sailing. travel agents said the cheap issues when it comes to booking trips with limited seat availability and keeping costs down. meantime, business travelers complained of inconsistent experience and almost 3/4 said wi-fi was a huge factor when choosing an airline or hotel. companies like mega bus and greyhound have been experimenting with wi-fi hoping to attract more business travelers. it seems to be working according to a study. bus services saw more growth than either eye or rail travel. who knew? >> coming up, wall street has a sign that apple is responding and the smart phone market could b
is happening in mali, and the developments there. because more of your tax dollars may be going there. >> the funding mechanism for the u.n. mission is still being worked out, but we are assuming that the u.s. will be asked to contribute significantly as we did to the somalia operation. to get a jump on that, we're using some of our existing funding that we already have in the budget and will be going to the congress for additional funding over the coming days. >> chris lawrence, let me go to you, at the pentagon, because you're our pentagon correspondent, i should say. the u.s. will not be sending in ground troops, so how exactly will our military help in mali? >> well, brooke, they're considering sending big air force cargo planes to get more french troops and heavy equipment, vehicles, into the fight there. also considering putting up more drones and spy planes to get a better sense of what is happening on the ground. and they may be sending some aerial refueling craft so those french jets can refuel while they're in the air and do more sustained longer missions. >> why not boots o
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids. >> i'm sorry, beau. go ahead. finish your thought. >> any american and any law enforcement official would tell you that there's a rationale and a reason, unfortunately, why the president of the united states' children need the secret service around them. especially in the post-9/11 world that we unfortunately live in. so that's obvious, fairly apparent on its face. what that ad is just simply out of bounds. it demonstrates, quite frankly, them being somewhat out of touch. you know, as you heard my father say in the press that he had what he believed to be a constructive meeting with the members of the nra. i hope that we can get back to that kind of constructive discussion rather than leading with what appears to be a well-funded ad that takes on the president on an issue that is just clearly out of the bounds and out of line. >> all right. we're going to obviously get their reaction as well, but beau, i imagine you don't see much of your dad these days. he
because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actually making our economy seem more risky and hurti
. regardless of whether it's guns or whether tax reform or immigration or energy policy, it's all the same. >> right. >> they're going to have to come to the table with a comprehensive package. in the case of guns you know the throw or four components that haven to included in the end. it's kind of a no-brainer for most but we have a hard time getting there. that's why bringing together these -- this coalition of problem solvers in congress that no labels has been able to, it's a start. by the end of the year if we get 75 to 80 such people, imagine the progress on all these important issues we'll be able to make. >> i'm going to give you the last word here. you are in a position, you do vote in the senate, and your words post newtown were taken originally as, oh, senator manchin is now for a ban on assault weapons. probably what you were talking about. >> guilt by conversation. >> so the question here is, am i correct in interpreting what you're saying, sure you would talk about an assault weapons ban, but it has to be in a more wholistic package than just here's an assault weapons ban, th
mr. obama demands the wealthy pay their fair share of taxes but he's another leastic hypocrite when it comes to fair share of security. protection for their kids and gun free zones for ours. >> the new nra ad which i may say i find utterly pathetic. earlier we spoke to the cousins of ashley and they have a website. log on to helpash.org if you want to help. before we go, leave me with an overview of how it has gone tonight. >> it has been a good discussion. something has to happen. i hope the president takes strong measures tomorrow and i hope congress has the courage to back him with the appropriate lesion, although i have my doubt because their past has not been an indication that they will take strong action in the future. i have heard people talk about reality checks. i have been a cop for 42 years. i don't know how many homicide scenes you have been to but i have seen what happens on the street. we are not losing them 26, one or two at a time but every life has value. when you see the carnage on the streets every day. you have to deal with it. >> fascinating debate. thank you v
share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we go just leave me with an overview of how you feel this has gone tonight. >> listen, it's been a good discussion. but something has to happen. and i hope the president takes a very strong measure tomorrow and i hope congress has the courage to back him up with the appropriate legislation. although i have my doubts because their past has not been any indication that they'll take strong action in the future. but i'll try to be optimistic. listen, i've heard a lot of people talk about reality checks. i've been a cop 42 years. i've been to hundreds if not thousands of crime scenes. don't know how many homicides you guys have been to. we're not losing the
at their school? mr. obama demands the wealthy pay their fair share of taxes, but he is just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that ad launched yesterday. today the white house called it, quote, repugnant and cowardly. that's for you to decide. it's clear, though, highlighting nra intransigence is part of the political strategy. the new cnn/"time" magazine poll while momentum for change may be starting to fade, 56% now favor an assault weapons ban compared to 62% immediately after newtown. 58% support a ban on extended magazines. last month that was 62%. however, expanded ckground checks remains very popular with 87% supporting checks on gun show purchases. we'll have more on the politics shortly. but first, the personal two takes on what happened at the white house today. lexy haller, the uncle over noah pozner killed along with colin goddard. collin was shot four times in a classroom at virginia tech. i wuas wondering what your reaction was to what you heard. >> based on what we heard before the an
their fair share of taxes but he is just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that ad launched today. the white house called it repugnant and cow ardly. highlighting nra intransigence is part of the strategy. momentum for change may be starting to fade. 56% now favor an assault weapons ban compared to 62% immediately after newtown. 58% support a ban on extended magazines. last month, that was 62%. however, expanded background checks remains popular with 87% supporting checks on gun show purchases. we'll have more on the politics shortly. first, the personal two takes on what happened at the white house today. lexi holler, the uncle of noah posner joins us along with colin goddard, slot four times at virginia tech. >>> i was wondering what your reaction was to what you heard? >> well, based on what we heard before, the announcement when the families met with the president and the vice president and during the announcement itself, i was satisfied and pleased to see that the administration is treating this
his lotto winnings at nearly half a million after taxes. >> and the cdc says 48 states now reporting widespread flu cases. more elderly now hospitalized. 29 children have died in the outbreak. >> then there's this, lady gaga about to lose her title as the most popular celebrity in twitter. justin bieber expected to pass her and have the most twitter followers. they each have over 33 million with just 46,000 separating them right now. first the mayan calendar, now this. hard to believe. >> passing of the torch. tonight, the bizarre story of manti te'o's fake girlfriend is only getting stranger. we have more details. the notre dame linebacker isn't talking. others are reportedly pointing fingers at this guy. we'll tell you who he is and what allegations he's facing just ahead. investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab
and tax and wire fraud. prosecutors say nagin's family members received a vacation in hawaii, first class airfare to jamaica, private jet, a limo cost more than $23,000 as part of these alleged bribes. >>> let's head back to washington now. randi kaye is live this morning at the national mall, ahead of president obama's inauguration. randi, i know that there have to be some heaters out there, some blankets, something! >> oh, yeah. we have quite the setup out here. it's pretty warm, and you can't see it, but i'll hold it up a little bit for you, i actually have a heated blanket on top of me. so they're taking very, very good care of us out here. we'll be out here all morning. the party certainly just getting started here. but then again, there's four years to look forward to. so what issues will define the president's second term? we will take a closer look. >>> but first, all morning long, we'll be taking a look back at past inaugurations. ronald reagan's second inauguration remains the coldest on record and for that reason, they actually took it indoors. we'll be right back. >> i, ronald
the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years? do they just want to continue to be the party of the permanent majority in the house, which can obstruct or do they want to focus on how you build towards being a party that can actually win the white house? this is where i think immigration reform comes in. that is a big first step for republicans to show that they understand, especially to the growing latino community, what they need to do in order to bring them in and, frankly, in order to build a path towards winning the white house in 2016 or even beyond. if they don't do that. if they don't focus on trying to figure out a way to get immigration reform done, that's not going to hatppen in our lifetime? thanks
grade. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordhs
families and for hard-working taxpayers. people feel they want to get value for their tax dollars and they are not getting it now, candy. >> might be a distinction without much difference though people saying i want him to fail and you are saying it is policies, i don't like his policies and if they go in place you certainly you don't want those poll cities to feel. >> this is a time of divided government. we have re-elected majority leadership in the house and we have a re-elected president but it's time to divide a government you can actually do big things for the country. >> so, what big things? what big thing is that -- >> specifically, have to deal with the debt, at $16 interest. you want to continue with the social safety negotiate the good, the bad and the ugly parts of that you have to have a vibrant economy. you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the
. in the heart of the south we still had literacy tests, people were asked to pay a poll tax. count the jelly beans in the jar. we want people to learn, so many young members of congress have been elected and they have commented. they don't have a sense of history. they need to be able to walk in the footsteps of another generation. >> would dr. king look down on this day and say i'm proud of where the country is or would he say what a distance the country still has to go. >> i don't know whether we would agree on this. but i think he would challenge us about the distance we have yet to go. and to do innovative things, you mentioned the programs and things of bringing people back to the south. we have established the medgar evers institute with the hope that reaching out into colleges and high schools all across the country, that people will learn about that time and find ways in which they can strategize to move us forward technologically, anyway. >> so that's -- >> i would say dr. king would be very proud and very pleased at the distance we have come. but i agree, we would still have a dist
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